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  Business   Economy  13 Sep 2017

Business, Economy, 13 Sep 2017

Aadhaar based transaction to digitise 98 cr MFI payments

Digitisation will help MFIs to cut operational cost, transit risk as well as connect rural mass to digital banking.

13 Sep 2017 6:27 PM

Coal stocks dip on restrained output, higher power generation: Govt

Coal Secretary Susheel Kumar took the stock of coal supplies to TPPs across the country.

13 Sep 2017 5:49 PM

m-Aadhaar allowed as identity proof for train passengers: Railways Ministry

For showing Aadhar, one has to open the m-Aadhaar app and enter his or her password to show the Aadhar Card.

13 Sep 2017 5:36 PM

Pradhan backs daily price revision, favours bringing petrol, diesel under GST

Pradhan said global oil refining capacity has dropped by 13 per cent due to Irma and Harvey.

13 Sep 2017 5:08 PM

Petrol prices on the rise; Rs 70.38 in Delhi, Rs 79 in Mumbai

The prices are revised every day based on crude price movements. 

13 Sep 2017 4:16 PM


Waive certain taxes for cos in insolvency proceeding: Assocham

Non-performing loan resolution process is going on for 12 companies and this represent 25 per cent of total bad loans in the system NPLs.

13 Sep 2017 4:11 PM

Awaiting govt notification for coming out with P2P guidelines: RBI official

The consultation paper on p-2-p lending was released by RBI in April last year, but the final guidelines are yet to come.

13 Sep 2017 2:57 PM

India FY18 GDP growth likely at 7.1 per cent: Nomura

Industrial production (IIP) during July slipped to 1.2 per cent on account of poor manufacturing show.

13 Sep 2017 1:28 PM

RBI not comfortable with non-fiat cryptocurrencies: Sen

The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies.

13 Sep 2017 12:17 PM

Full potential of Aadhaar not realised under UPA regime: Arun Jaitley

Jaitley said Aadhaar under BJP will stand the test of constitutionality.

13 Sep 2017 11:51 AM


300 million a/cs under PMJDY, zero balance a/cs down to 20 per cent: Jaitley

Jaitley said before 2014, there was no talk of financial inclusion and it was not a mainstream agenda.

13 Sep 2017 11:18 AM

Centre doubles tax-free gratuity for formal sector staff to Rs 20 lakh

The gratuity was raised considering inflation and wage increase even in the case of employees engaged in the private sector.

13 Sep 2017 10:29 AM

Centre to mint Rs 100, Rs 5 coins to mark birth anniversary of MGR

The newly minted Rs 100 and Rs 5 coins will be etched with M G Ramachandran's portrait in the centre.

13 Sep 2017 10:11 AM

Consider service charge by hotels as income: Ram Vilas Paswan to CBDT

In lieu of tips, hotels have been compulsorily levying service charge despite centre asking them to make it optional.

13 Sep 2017 9:34 AM

Indian Banks need $65 Billion to meet Basel-III

The NPL resolution process being led by RBI could potentially release capital if recovery rates are high.

13 Sep 2017 4:15 AM


Inflation at a 5-month high, rate cut unlikely

Growth in IIP, but only 1.2 per cent.

13 Sep 2017 1:22 AM